Question: 8. Explain why the following might be true. A drought around the world raises the total revenue that farmers might receive from the sale of

8. Explain why the following might be true. A drought around the world raises the total revenue that farmers might receive from the sale of grain, but a drought only in Kansas reduces the total revenue that Kansas farmers receive. (the bottom is the rubric)

Economics2.1: Reasons using economic models to explain, compare/contrast, and question relevant economic theories view longer description

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